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getting any bang for your $10 million in research and development in 2012? they got the israel one going 24 hours. >> and chipotle. >> i shop and i go to factories. >> i have to tell you, this was an intel that was -- we're not as bad as you think. we're not as bad -- no, guys, have some pride. you're great. >> it seems at this point, jim t is a show-me stock. >> oh, is it ever. >> was there any mention of who might replace ottolini? did you see that in the transcript of your call? >> no. >> what is the strategy for intel? it will spend a lot of money next year. the chip prices, by the way, for smartphones are higher than average in the industry. that may be a sign it has limited penetration in this space. and by the way, there's going to be a new ceo coming in, and we don't know who that is. >> they're talking about a hockey stick fourth quarter that is going to do worldwide macro. that's a shame. because i remember in the conference calls that andy grove used to run, they weren't a macro play. they were a growth play. and stacy, who is a great guy, he says, listen, wait a second, we've
blackberry users are trying to sell their old models. we're joined today by israel of gazelle. welcome. good to have you on the show. >> thank you. thanks for having me on the show again. >> you're like the leading indicator. what is the interest in trying to sell your old late model blackberry? >> you know, we've seen some really interesting trends in our business in the last couple of months. on the blackberry side, our volume in terms of blackberry tradings has doubled over the last month, and, in fact, over the last week, we receive a 500% increase in the blackberry trade-ins. we're seeing a lot of action on the part of the blackberry users. >> put that kind of move into context. is that something you would generally see in front of a norfolk nokia launch, apple launch? >> sure. this is a pretty impressive performance for blackberry, i have to admit that. we saw it around the iphone event and samsung's introduction of its new phone. with didn't know what to expect. we knew about this launch for a long time. we didn't know what to expect. but we're very surprised to see that kind of volum
island sandwiched between greece, turkey, israel and egypt. had the banking sector exposed to greece, it needed to bailout. the bank iing sector is not balg out cyprus, has money laundering problems, we're not going there. the ecb said actually, this is potentially systemic of the eurozone, a member you need to sort it out. now, we find the possibility of a deal courtesy of the russians. yes, a three-way deal. in essence, cyprus is a little bit like euro's answer to brighton beach, a magnet for russian money that may be connected to russian money or not and said they will come in with a three-way deal. not a huge issue, a 17 million euro bailout but clears another obstacle out of the way. another subject of banking, the how continues in italy, clear it's looking for new investors, change of management and bank of of italy saying it will ensure the loans keep going and the italian minister coming to the defense of the central bank saying it's done its job properly. meanwhile, in a relatively quiet day in europe, upgrades and downgrades and one standout was morgan stanley pessimistic a
, it is something that is -- let's call it google map with social networking. it's very popular in israel. it would be a game changer for whoever gets it. it's very exciting for people to map their socials. i like it. >> excites david, i can tell. >> yeah. one of the most beautiful facebook pages i've ever seen. and your pinterest page is nice, too. >> yes, it is. >> works for sammy sosa. no reason you can't do it. >> sometimes i get tired of your overreaction. it's just so over the top. i don't know how you restrain yourself. it's been 15 years of restraining yourself when i talk. that's why you do it. >> yes. i battle hard. >> i often think of the zen. i've gotten the anger management training, working with the truth and reconciliation committee in south africa. don't forget the condi teachings and the dally llama. he knows what he's talking about. >>> gene spurling with his feelings of the debt ceiling standoff. >>> what's another two more minutes. 6 stocks in 60 seconds when "squawk on the street" returns. at farmers, we make you smarter about insurance. because what you don't know can hurt you
israel striking iran to prevent this from happening. and nothing has happened. so i don't think anything is going to happen. and iran is going to continue to move forward with its nuclear development project. >> and we'll -- >> we'll have to learn to live with a contained iran rather than preventing the enrichment from happening. >> byron, thank you, for joining us daet. we're going to remember all these. >> byron, we're going to have to have you back before another year goes by. then we're going to have to see -- batting 500 do you think? last year? >> well, last year was a little better than 500. >> okay. >> byron, thank you for being here. join us tomorrow. "squawk on the street" begins right now. >>> good wednesday morning. welcome to "squawk on the street." the show's going well already. i'm carl, with melissa lee, jim cramer and david faber. we have earnings season officially under way. courtesy of alcoa, some pretty decent sentiment this morning. we'll talk about that with cramer in a moment. europe, numbers over there as well. germany industrial production did miss. green arrows
Search Results 0 to 4 of about 5